. >> the most important thing is with the roth i.r.a., you're contributing after taxes with the 401(k), it's before taxes. when you put your money into a roth i.r.a., whatever contribution you put in, you can take out to do with what you like that's important to remember also as we're looking at a new tax year where many people may be in a lower tax bracket. that after tax money might not feel so bad if you're in a lower tax bracket. >> what makes the roth so attractive >> a lot of people want to be able to have the tax money but also right now there's things they're think about what will they do with this money? give it away give it to their kids? use the money for other purposes other than retirement? they can that can use it for college and an emergency fund and they can use up to $10,000 in a down payment for house. >> are there people who should tack advantage of a rocket and others where it's not the best choice. >> there are definitely questions you need to ask. i certainly think it's a great tool for almost anyone but you have to look at what the taxes are going to be in in th

the world, temple p.a. >> you bet it is, what's up? >> caller: i filled up my roth i.r.a. i'd like to get more analog devices. >> i don't blame you i want time back on the show those guys are great guys. we need to go to paul in pennsylvania paul >> caller: jim, how are you doing? >> i couldn't be better. i like a philadelphia accent better than anything else. what's going on? >> caller: first time caller, long time viewer. >> thank you. >> caller: and booyah to you, jim, well deserved. >> thank you so much, i'm all fired up, paul what's up? >> caller: my stock is the ebay of latin america, mercadolibre and its ticker symbol melr it's supposed to have 30% growth in earnings but it has bearish tendencies about it. could you tell me about it >> i think it may have bearish tendencies but it's a bullish stock and one of the few from latin america that i like. i think it's better than ebay, i think it has better growth, i like it and i have since 1999. let's go to anthony in michigan. anthony. >> booyah, jim thank you for helping main street. >> man, thank you, thank you >> cal

retirement millenials are likely in a lower tax bracket now than later in the life making tax-free withdrawals more attractive. a roth i.r.and, can you withdrawal contributions tax-free and penalty-free. with the future full of unknowns, this could come in handy. not just for millenials but at any age. >> i was not surprised to read this about millenmillenials i think this generation is so conservative, especially depending on the timing of -- depending on if you're on the older our younger during the financial crisis that pile of money might look good now but they don't need that much when that could have been invested -- >> that's the great thing of investing in a roth i.r.a. because you can invest part of it, keep some in cashira you can invest part of it, keep some in cash and have it grow tax free if you need it you can have access to it i think a lot of what scarce people is putting all of their money in their founk or putting it all into something they can't take out until they are 59 1/2, or putting it in real estate, which also crashed in the crisis. >> yeah. >> the weird thing is that people mentally are very muc

roth i.r.a. >> but where are you putting people in bonds >> no. i would take -- i might even take -- if you're close to retirement, take some of that off the table and put it in guaranteed income. maybe even in annuities -- >> oh, lord. all right. >> wait a minute when you're getting towards retirement, income is more important than savings because savings can run out. >> what would your advice be, do you agree with that? >> to a certain degree our clients that we have -- we have some clients calling, very conservative clients calling, saying, i want to put more money in we have to pay attention to the behavioral aspect of this. it's very easy for us as professionals to sit back and say, hey, you know, it's time to rebalance. that's really what the message is right now we are very concerned in terms of what clients are thinking and what they really should be doing. so, it's up to us -- >> so, you're trying -- yeah, carrie, you're trying to keep people from going in too much into the market? >> absolutely. and with existing portfolios, we are looking at -- if the prospects of rebalancing if a client has a certain exposure and risk tolerance and they'